CHEMICAL TECHNOLOGY, RAW MATERIALS
Businesswire | June 05, 2023
Global chemical company OQ Chemicals has launched Oxbalance TCD Alcohol DM, a sustainable alternative to conventional TCD Alcohol DM (Tricyclodecane Dimethanol). The ISCC PLUS-certified product is made from more than 70% biobased and biocircular feedstocks. OQ Chemicals recently increased its production capacity for TCD Alcohol DM in 2022 and is now expanding the application range for this product with the biobased variant. Due to its special properties, Oxbalance TCD Alcohol DM is suitable for the production of high-performance technical polymers such as polyesters, polycarbonates, and polyurethanes, as well as for use in adhesives, coatings and paints for the food packaging, electronics, and automotive industries.
“Our Oxbalance products provide our customers with a sustainable alternative to conventional fully synthetic products. Certified as biomaterials, they fully meet the specifications and qualities of conventional products without requiring a new approval or qualification. With these products that are mass-balanced according to ISCC PLUS, we offer our customers a solution that meets the growing demand for sustainable raw materials and the increasing requirements for complete transparency in the supply chain. Our customers can switch to our biobased Oxbalance products without compromising on performance or quality,” said David Faust, Executive Vice President Oxo Performance Chemicals at OQ Chemicals.
Dr. Oliver Borgmeier, CEO of OQ Chemicals, emphasized: “Oxbalance is our new line of biobased Oxo Performance Chemicals. We are proud to offer our customers sustainable alternatives to conventional fully synthetic products - first Oxbalance Isononanoic Acid and now Oxbalance TCD Alcohol DM. We will continue to expand our biobased portfolio. As an industry partner, we are growing together with our customers and developing sustainable solutions for the global market.”
The OxBalance product line uses the ISCC PLUS mass balance approach, which tracks renewable raw materials in chemical manufacturing processes and assigns them to the products. OxBalance is a registered trademark of OQ Chemicals.
About OQ Chemicals
OQ Chemicals (formerly Oxea) is a global manufacturer of Oxo Intermediates and Oxo Performance Chemicals such as alcohols, polyols, carboxylic acids, specialty esters, and amines. These are used to produce high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavors and fragrances, printing inks, and plastics. OQ Chemicals employs more than 1,400 people worldwide and markets its chemicals in more than 60 countries. The company is part of OQ, an integrated energy company originating in Oman. More information is available at chemicals.oq.com.
Businesswire | June 02, 2023
Azelis a leading innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire 100% of the shares of Sirius International (“Sirius”), a well-established distributor of specialty chemicals in the Benelux market.
This acquisition complements Azelis’ lateral value chain in home care and industrial cleaning with an attractive portfolio and aligns perfectly with Azelis' ambition to become a world-leading innovation service provider. Pioneering in the formulation of sustainable cleaning products from biodegradable and/or recyclable chemical raw materials and with expertise in green chemicals, Sirius will reinforce Azelis' best-in-class sustainability program and enable it to offer innovative environmental solutions to its customers in the EMEA region and beyond.
Founded in 2004 by current CEO Leo Verboeket, Sirius is a distributor of environmentally friendly chemicals for the detergent, personal care and water treatment markets in Europe. Based in Baarn, the Netherlands, this team of experienced professionals has an established market position and longstanding relationships with its principals, providing innovative products to European customers.
Leo Verboeket, CEO Sirius, comments
“We are excited to join Azelis’ family, a company that shares our values and commitment to sustainability. We look forward to developing more innovative solutions for our customers and expanding the reach of our current offerings to customers worldwide. This partnership will allow us to leverage Azelis' global network and expertise in sustainable chemistry, as we work together towards our shared goal of making a positive impact on the environment and society.”
Evy Hellinckx, Managing Director Azelis Benelux, adds
“By joining forces with Sirius, we are delighted to strengthen our presence in, among others, the home care and industrial cleaning markets in the Benelux and EMEA region. We are committed to promoting sustainable solutions across all sectors of the chemical industry, and we believe that this partnership will help us achieve our goals. We look forward to working with the talented team at Sirius to drive innovation and deliver value to our customers, while staying true to our shared values of sustainability and responsible business practices.”
Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry, present in 63 countries across the globe with over 3,800 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 59,000 customers, supported by +2,700 principal relationships, creating a turnover of €4.1 billion (2022). Azelis Group NV is listed on Euronext Brussels under ticker AZE.
Businesswire | June 01, 2023
New research from NuScale Power demonstrates the advanced capabilities of NuScale small modular reactors (SMRs) for reducing emissions in industrial sectors, which is critical to meeting global climate goals. Led by Co-Founder and Chief Technology Officer Dr. José Reyes, the benchmarked research found that NuScale SMRs have the potential for use in a wide variety of high-temperature industrial processes not previously envisioned using light water reactor (LWR) technology, such as heavy to light oil conversion, bulk plastic waste recycling, dissolving heavy oil to produce gasoline additives, and light plastics for the regeneration of products like synthesis gas. This capability will provide oil refiners and chemical companies with new options to decarbonize their operations and products using carbon-free nuclear energy.
NuScale’s research shows that the steam generated by a single NuScale Power Module™ can be compressed and heated to produce process steam at commercial scale, temperatures, and pressures. The lower steam temperatures and pressures from a LWR typically requires conditioning prior to injection into a high temperature/high pressure process. Dr. Reyes and team have found that a single NPM, generating 250 MWt, can produce >500,000 lb/hr of steam at 1,500 psia and 500ºC (932oF) with the potential to extend production to 2,400 psia and over 650ºC (1200oF). In a 12-module, VOYGR™-12 plant, 3 GW of thermal power is produced, offering both electrical power and large volumes of superheated steam from a plant that can be safely located near major industrial processes.
“The compression heating systems we have proposed through this new research are an ideal application for NuScale’s VOYGR plants and could also broaden the role of LWRs in global decarbonization efforts,” said Dr. Reyes. “These new findings strengthen the use case for NuScale’s advanced SMR technology.”
NuScale will continue to explore the enhanced flexibility, reliability, and economics of multi-module steam generation that is augmented by cost-effective and high-efficiency steam compression and heating. NuScale is presently collaborating with end-users of steam, electric power, and hydrogen to assess and optimize Integrated Energy Systems, with plans to support industry clean energy goals at a commercial scale.
The findings are underscored by NuScale’s unparalleled safety features that enable VOYGR plants to operate both off-grid and to achieve a site boundary Emergency Planning Zone for most U.S. plant locations. VOYGR plants can be located closer to end-users, which reduces heat losses due to steam transport and results in a higher efficiency industrial energy system.
About NuScale Power
NuScale Power Corporation is the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The company’s groundbreaking VOYGR™ SMR plants are powered by the NuScale Power Module™, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output.